Best of Artemis, week ending 18th October 2020

Here are the ten most popular news articles, week ending 18th October 2020, covering catastrophe bonds, ILS, reinsurance capital and related risk transfer topics. To ensure you never miss a thing subscribe to the weekly Artemis email newsletter updates or get our email alerts for every article we publish.

Register for our mid-November reinsurance & ILS conference, Prospectus 2021.

Ten most read articles on Artemis.bm, week ending 18th October 2020:

1. Iordanou & Hendrick’s Vantage to launch with ILS expertise from McKeown & Swithenbank
   Vantage, a new insurance and reinsurance start-up business being brought to market by industry veterans Greg Hendrick and Dinos Iordanou, will launch with significant insurance-linked securities (ILS) expertise in key roles.
2. What a Nobel Prize tells us about tech’s role in reinsurance placements: Tremor
   Placing insurance or reinsurance business more efficiently using technology and improving the matching of risk and capital in this industry, is clearly an area of opportunity for participants to extract greater efficiencies from their capacity, as well as to reduce operational costs.
3. Risk-adjusted returns could increase significantly (for some)
   While reinsurance and retrocession are heading full-tilt into a hard market in terms of pricing, the increasing focus on precision of wordings and terms are set to result in 2021 portfolios that could deliver significantly higher risk-adjusted returns for some.
4. Collateralized reinsurance to contract further, liquid ILS strategies to prosper: Aon
   The collateralized reinsurance market segment of insurance-linked securities (ILS) is expected to contract further, according to broker Aon, although it will likely remain the largest segment of ILS for the foreseeable future it seems.
5. Prospectus 2021 – the agenda for our upcoming reinsurance & ILS conference
   The agenda is now available for Prospectus 2021 – the new annual reinsurance and insurance-linked securities (ILS) conference brought to you by Artemis in collaboration with sister title Reinsurance News.
6. Q3 catastrophe losses above estimates for RenRe, Arch, AXIS, The Hanover
   Pre-announcements of catastrophe losses for the third-quarter of 2020 began to be released last night and reports from RenaissanceRe, Arch Capital Group, AXIS Capital and The Hanover seemed to confirm the expectation that the majority would run well above estimates.
7. Elementum hires Ahmed from Axis Re as SVP Underwriting in Bermuda
   Elementum Advisors, LLC, the insurance-linked securities (ILS) fund management and collateralised reinsurance underwriter, has made another strategic hire in Bermuda, appointing Shabnam Ahmed as Senior Vice President, Underwriting.
8. Parametrics to grow in areas where indemnity models struggle: panellists
   While parametric insurance will never replace indemnity structures, they are expected to be leveraged more widely in areas where indemnity models struggle to provide adequate solutions, according to Richard Chattock, Chief Executive Officer (CEO) at London-headquartered, Insurtech Gateway.
9. AIR: Hurricane Delta insured losses up to $3 billion
   Catastrophe risk modelling specialist AIR Worldwide adds a dose of uncertainty around the whole hurricane Delta loss estimate story, saying that it puts the insurance and reinsurance market impacts from the storm in a wide range from $1 billion to as high as $3 billion.
10. Survey suggests rising interest in ILS investments: Schroders
    A survey of institutional investors allocation preferences for private asset classes shows a “notable” increase in interest in insurance-linked securities (ILS) at this time, according to global investment manager Schroders.

This is not every article published on Artemis during the last week, just the most popular, some of which were published over a week ago. There were 37 new articles published in the last week. To ensure you always stay up to date with Artemis and never miss a story subscribe to our weekly email newsletter which is delivered every Wednesday.

Get listed in our MarketView directory of professionals.

View the current breakdown of the ILS market in our range of charts, allowing you to analyse cat bond issuance.

Check out the assets under management of the ILS fund market with our ILS investment manager directory.